Singapore is looking at deepening its economic ties with Nigeria and other West African countries as its enterprises promise to increase ... ( read original story ...)
IronNet Expands Collective Defense in Singapore to Defend Against Cyberattacks
IronNet, in its mission to transform cybersecurity through Collective Defense, today announced that it is making the technology of its flagship Collective Defense solution available to all Singapore ... ( read original story ...)
Singapore plays catch-up with Taiwan as chip investments rise
The city-state is attempting to shore up its electronics sector, having set a target to grow its manufacturing industry by 50% by 2030. ( read original story ...)
Ravi Thakran’s Turmeric Capital said to consider Singapore SPAC listing
Tumeric Capital, the Singapore-based PE firm led by former L Catterton Asia head Ravi Thakran, is reportedly exploring listing a SPAC in Singapore. ( read original story ...)
Singapore’s 50 Richest On Forbes List See Collective Wealth Rise 25%
Amid a rebounding stock market and economy, 36 tycoons on the 2021 Forbes’ Singapore Rich List saw their fortunes rise. This year the list has 42 fortunes worth US$1 billion or more. ( read original story ...)
Singapore-based World’s First Online Diamond Marketplace LUXIEE Secures Finance Facility of Up to SGD5 Million
LUXIEE, a Singapore-based start-up, has secured a round of financing of up to SGD $5 million from a family office that is locally headquartered. The funds will enable the e-commerce platform ... ( read original story ...)
Singapore’s Richest Property Family Hurt by Tax Expenses
Singapore’s richest property dynasty, which runs City Developments Ltd, suffered a loss of S$32.1 million ($23.7 million) in the first half of the year due to tax expenses and the pandemic fallout. ( read original story ...)
Singapore raises growth forecast to 6 to 7 per cent
Singapore expects its economy to grow at a faster pace than previously predicted as Covid-19 vaccination rates here gain pace, allowing for more economic activity and boosting demand for goods and ... ( read original story ...)
Professor-Turned-Entrepreneur Shi Xu Debuts On Singapore Rich List 2021 After Successful IPO
The 57-year-old joins the list for the first time with a net worth of $1.8 billion, following the IPO of his firm Nanofilm Technologies International. ( read original story ...)
8 Things That Business Owners Should Know About Singapore’s Economic Recovery in 2Q 2021
During that period in 2020, Singapore’s GDP had fallen 13.3%, which means we are still not yet fully recovered from the COVID-19 slowdown. Compared to our pre-pandemic level in 2Q 2019, GDP remains ... ( read original story ...)
DBS, UOB among analysts’ top picks, as Singapore banking sector remains ‘overweight’
Analysts from CGS-CIMB Research, RHB Group Research and UOB Kay Hian have kept their “overweight” recommendations on the Singapore banking sector after the banks posted “decent” results for the ... ( read original story ...)
Singapore’s Wealth Creation: Strong GDP Rebound Expected Amid Record-High Budget Deficit
The GDP growth of the city-state this year is forecast to surpass pre-pandemic levels, despite its government recording the largest budget deficit in the sovereign state’s history last year. ( read original story ...)
Grab Cofounder Anthony Tan Grabs A Spot On Singapore Rich List 2021
Tan, who’s a Singapore citizen and resident, is on the verge of completing a SPAC deal that values his superapp at nearly $40 billion. ( read original story ...)
Singapore’s 50 Richest 2021: Collective Wealth Swells To Over $200 Billion On Economic Recovery
A rebounding stock market helped fuel the combined net worth of the city-state’s 50 richest people to $208 billion. A majority of them are wealthier than last year. ( read original story ...)
Evan Kwee Charts New Waters For Overseas Expansion For His Singapore Property Family
Pontiac Land’s Evan Kwee is pushing past the pandemic with a new resort development in the Maldives, as part of the Kwee family’s expansion out of Singapore and into the global high-end hospitality ... ( read original story ...)
Singapore economy grew 14.7% in 2Q from low base a year ago
With COVID-19 pandemic situation stablising, Singapore on Wednesday reported 14.7 per cent year-on-year economic growth in the second ... ( read original story ...)